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475 Wharncliffe Rd S
1,466 - 7,753 SF of Retail Space Available in London, ON N6J 2N1
Highlights
- Close to No Frills
- Situated along automotive dealership corridor
- Restaurants nearby
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 2,051 SF | 1-10 Years | $34.00 CAD/SF/YR $2.83 CAD/SF/MO $365.97 CAD/m²/YR $30.50 CAD/m²/MO $5,811 CAD/MO $69,734 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 2,343 SF | 1-10 Years | $34.00 CAD/SF/YR $2.83 CAD/SF/MO $365.97 CAD/m²/YR $30.50 CAD/m²/MO $6,639 CAD/MO $79,662 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 8 | 1,893 SF | 1-10 Years | $34.00 CAD/SF/YR $2.83 CAD/SF/MO $365.97 CAD/m²/YR $30.50 CAD/m²/MO $5,364 CAD/MO $64,362 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor | 1,466 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
PLAZA RE-DEVELOPMENT! Signature location on the corner of Wharncliffe Road South and Baseline. The 2238 SQ FT unit fronting Baseline Road can be combined with unit 7 for a combined 3391 SQ FT. The building is undergoing a complete retrofit with new mechanicals, roof and façade. Possession available for January 2024. Landlord to provide a “vanilla-box” on possession.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Newly built out space
- High traffic area
- Ample parking
1st Floor, Ste 4
PLAZA RE-DEVELOPMENT! Signature location on the corner of Wharncliffe Road South and Baseline. The 2048 SQ FT unit fronting Wharncliffe Road can be combined with unit 4, to the south for a combined 3415 SQ FT. The building is undergoing a complete retrofit with new mechanicals, roof and façade. Possession available for January 2024. Landlord to provide a “vanilla-box” on possession.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Newly built out space
- High traffic area
- Ample parking
1st Floor, Ste 8
This plaza has been completely remodeled with new mechanical systems, roof and facade. The total unit size is 3,359 sq ft over two floors. The main floor entrance has 18ft ceilings and a 10x10 overhead door. Main floor is 1,893 sq ft . Rental rate is based on the ground floor area only. The second floor is accessible by two stairwells and approximately 1,466 sq ft. Second floor has many windows for natural light and ideal for offices, boardroom and staff areas. Additional charges for 2024 estimated at $12.00 psf for 1,893 sq ft. The unit is vacant and available for immediate possession. Zoning amendment allows for ""Retail Store; Clinics Medical/Dental; Private Clubs and Restaurants"" in addition to RSC 1,2,4 zoning.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,359 SF of adjacent space
- Central Air Conditioning
- Newly built out space
- High traffic area
- Ample parking
2nd Floor
This plaza has been completely remodeled with new mechanical systems, roof and facade. The total unit size is 3,359 sq ft over two floors. The main floor entrance has 18ft ceilings and a 10x10 overhead door. Main floor is 1,893 sq ft . Rental rate is based on the ground floor area only. The second floor is accessible by two stairwells and approximately 1,466 sq ft. Second floor has many windows for natural light and ideal for offices, boardroom and staff areas. Additional charges for 2024 estimated at $12.00 psf for 1,893 sq ft. The unit is vacant and available for immediate possession. Zoning amendment allows for ""Retail Store; Clinics Medical/Dental; Private Clubs and Restaurants"" in addition to RSC 1,2,4 zoning.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 3,359 SF of adjacent space
- Central Air Conditioning
- Newly built out space
- High traffic area
- Ample parking
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 475 Wharncliffe Rd S , London, ON N6J 2N1
| Total Space Available | 7,753 SF | Gross Leasable Area | 18,500 SF |
| Max. Contiguous | 3,359 SF | Year Built | 1973 |
| Property Type | Retail | Parking Ratio | 3.89/1,000 SF |
| Property Subtype | Auto Dealership |
| Total Space Available | 7,753 SF |
| Max. Contiguous | 3,359 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 18,500 SF |
| Year Built | 1973 |
| Parking Ratio | 3.89/1,000 SF |
About the Property
Located at 475 Wharncliffe Road S, London, Ontario, this high-exposure retail unit offers 2,053 sq. ft. of versatile space in a re-developed plaza at the corner of Wharncliffe Road South and Baseline Road. The end-cap unit features large windows and great visibility, with an optional 8ft x 10ft drive-in door. A "vanilla box" ready for tenant improvements, it includes new HVAC, roof, and electrical systems. Zoning allows for retail, medical offices, and private clubs. Additional charges for 2024 are estimated at $12/sq. ft. with signage opportunities available. Nearby tenants include Pet Valu, Rambo's Kitchen, and Dental Care.
Nearby Major Retailers
Presented by
Gleed Commercial
475 Wharncliffe Rd S
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